Workers’ Remittances Accumulated to US$2.2 billion in April 2023
Workers’ remittances recorded an inflow of US$2.2 billion during April 2023. In terms of growth, during April 2023, workers’ remittances…
SAMA: Insurance Sector Grew by 26.9 percent in 2022
The Saudi Central Bank (SAMA) issued the 16th Saudi Insurance Market Annual Report. The report highlights the insurance sector’s performance…
China Holds Rates, Adds More Liquidity as Recovery Struggles
China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on May 15, 2023, as…
EU States Approve World’s First Comprehensive Crypto Rules
European Union states on May 16, 2023 gave the final nod to the world’s first comprehensive set of rules to…
SIBL Applies to SECP for Conversion into a Shariah Compliant Entity
After the announcement of the Federal Shariat Court Judgement last year, the Securities and Exchange Commission of Pakistan (SECP) has…
The Last Date for Encashment of Withdrawn Prize Bonds Extended
The Federal Government has given another opportunity to the public to get the withdrawn prize bonds of Rs 7500, 15,000,…
State Bank of Pakistan and Ministry of Foreign Affairs Jointly Conduct Training Program for ASEAN Member States
National Institute of Banking and Finance (NIBAF), a subsidiary of State Bank of Pakistan, in collaboration with Ministry of Foreign…
Government Procures 4.902 MMT Wheat So Far
The government has so far procured over 4.902 million metric tons (MMT) of wheat under the grain-procurement campaign for the…
Cancellation of Authorization /License issued to M/s Noble Exchange International (Pvt.) Limited
The State Bank of Pakistan (SBP) on May 17, 2023 has cancelled the authorization/license of M/s Noble Exchange International (Pvt.)…
SECP Amends NBFC Regulations to Adapt to New Technologies
The Securities and Exchange Commission of Pakistan (SECP) has revised the Non-Banking Finance Companies (NBFCs) and Notified Entities Regulations, 2008,…